UK jobs market hits full throttle as lockdown eases: KPMG/REC

  • 1 month ago
UK jobs market hits full throttle as lockdown eases: KPMG/REC
Demand for workers from British employers soared this month at the fastest rate since the late 1990s as much of the economy reopened following the latest coronavirus lockdown, a survey of recruitment consultants showed on Friday.
 
The monthly index of demand for staff from the Recruitment and Employment Confederation (REC) and accountants KPMG rose this month to its highest level in just over 23 years. Permanent staff placements grew at the fastest rate since October 1997.
 
Non-essential retailers in England reopened on April 12 along with pubs and restaurants operating outdoors, and from May 17 more restrictions are due to be lifted to allow indoor hospitality, performances and sporting events.
 
While the labour market remains a long way from its pre-pandemic state, the REC survey adds to signs that a swift recovery is underway, helped by Britain's swift roll-out of COVID-19 vaccines.
 
Source: Reuters

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